Tag Archive for: new partner report

The Alliance’s Action Steps are designed to assist organizations with implementing practical strategies and policies related to diversity and flexibility. Members can access full versions of all of the Alliance’s Action Steps in the Member Resource Center. 

Our 2024 New Partner Report demonstrates concerning results.  The 41.6% share of women in the 2024 new partner class represents a nearly 2% decline from last year’s figure of 43.3%.  Further, we saw declines across AmLaw 50, 100, and 200 firms, a nearly 3% increase in the gap in the share of new women partners compared to the share of women associates, and a reduction in the new partner class size by an average of 1.3 partners.  These data points demonstrate consistency in the reduced share of women in new partner classes across firm sizes, a pipeline challenge at the top, the shrinking of the overall pool of advancement opportunities, and a boomerang effect over the years pointing to the volatility of women promotions.

On a more positive note, we did see certain bright spots.  Notably, member firms had an average of 1.6% higher share of women partners in their U.S. new partner classes over the last five years.  In addition, a nearly 13% increase existed in the share of firms reporting a 50/50 split or greater in favor of women in U.S. new partner classes over the last two years.  We also saw a 2% decrease in the share of firms with no women partners from last year.  These bright spots suggest that a number of law firms are making concerted, intentional efforts to address gender imbalances during the partnership promotion process.

Firms need to adopt an intentional, structured and data-driven approach to make consistent progress with gender parity at the top.  The Alliance encourages organizations to leverage the data and recommendations from our 2024 New Partner Report along with specific practices discussed with top Talent & DEI leaders from firms with consistent progress regarding gender parity at our 2024 New Partner Summit.

Members: Continue reading this Action Step in the Member Resource Center

To read this entire Action Step become a member of the Diversity & Flexibility Alliance. To learn more contact Manar Morales.

2022 New Partner Report Shows Decline in Percentage of Women New Partners

Washington, DC (November 4, 2022) – Yesterday, during the Diversity and Flexibility Alliance’s Annual Conference, fifty-seven law firms were recognized for having 50% or more women in their 2022 U.S.-based new partner classes.  The firms, recognized as “Tipping the Scales,” were identified through the Diversity & Flexibility Alliance’s New Partner Report, a compilation of public data released each year since 2012.

The Report revealed that 40.2 percent of new partners from 206 major U.S. law firms in 2022 were women, which represents a decrease from last year’s figure of 40.9 percent.  Further, when looking at a representative sample (only AmLaw 100 & Alliance member firms), 40.3% of new partners were women in 2022, which represents a substantial drop of 2.1% from last year’s figure of 42.4%. More information on the report can be found here.

Other highlights include:

  • The average new partner class increased substantially (by 2.4 attorneys), despite the decrease in the share of women.
  • The nation’s top grossing firms had significant declines in the share of women in their new partner class.  In fact, firms in the AmLaw 50 and AmLaw 51-100 had significant declines in the shares of women of 4.2% and 4.9%, respectively.
  • The number of firms with a 50/50 split or greater of women in the new partner class decreased from 67 firms in 2021 to 57 firms in 2022.
  • For Diversity & Flexibility Alliance member firms, 42.9% of attorneys promoted to partnership were women, representing a 2.7% higher share of female partners compared to the overall share of women in this year’s new partner class (40.2%).
  • The number of firms reporting no women in their new partner class decreased from eight to six, however.

“While the overall dip in women new partners may seem inconsequential, any step backwards in a trend towards gender parity is concerning. Additionally, when looking at the representative sample of larger AmLaw 100 firms, the decline of 2.1% in women partners was more significant,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “The legal industry must be mindful of these trends and renew its commitment to increasing the share of women partners by focusing on the recruitment, retention, and advancement of women,” she added.

To reap the benefits of gender parity, the Diversity & Flexibility Alliance advises that law firm leaders pay close attention to building a pipeline of women and focusing on equity in their work distribution, mentorships, training, pay and evaluation systems. Additionally, firms are encouraged to develop intentional and inclusive hybrid working initiatives that benefit everyone.  It is important to note that many Alliance member firms have made systematic changes and taken intentional steps towards increasing gender diversity and therefore have seen quantifiable results in their promotions of a higher share of female new partners than nonmembers.

The “Tipping the Scales” firms recognized for having 50% or more women in their 2022 new partner class included:

 

1. Akerman

2. Arnold & Porter**

3. Baker Donelson

4. Bilzin Sumberg

5. Boies Schiller Flexner*

6. Bracewell

7. Brown Rudnick

8. Choate Hall

9. Clark Hill

10. Cole Schotz

11. Cole Scott

12. Davis Wright Tremaine**

13. Day Pitney

14. Debevoise & Plimpton

15. Dechert

16. Dickinson Wright

17. Epstein Becker & Green*

18. Faegre Drinker Biddle & Reath 

19. Fisher & Phillips

20. Foley Hoag*

21. Fox Rothschild 

22. Fredrikson & Byron

23. Haynes & Boone

24. Hinckley Allen

25. Hirschler

26. Hughes Hubbard & Reed

27. Jenner & Block

28. Jones Day*

29. Kutak Rock

30. Lane Powell

31. Lathrop GPM**

32. Loeb & Loeb

33. Marshall Dennehey

34. McCarter & English

35. Michael Best

36. Miller & Chevalier*

37. Nelson Mullins

38. Offit Kurman

39. Parker, Hudson, Rainer & Dobbs 

40. Porter Wright

41. Robinson & Cole

42. Rutan & Tucker

43. Schulte Roth & Zabel

44. Shook, Hardy & Bacon*

45. Smith Gambrell

46. Squire Patton Boggs

47. Steptoe & Johnson

48. Stoel Rives

49. Thompson Coburn

50. Tucker Ellis

51. Vorys

52. Warner Norcross + Judd

53. Wiley Rein*

54. Willkie Farr & Gallagher

55. WilmerHale

56. Wolf, Greenfield & Sacks

57. Womble Bond Dickinson*

 

*Firms that have been recognized as “Tipping the Scales” for at least three years.

** Firms that have been recognized for all four years since we began the “Tipping the Scales” recognition. 

Diversity & Flexibility Alliance Member Firms are highlighted in orange

The Alliance has been compiling this data since 2012, when the data revealed that women only made up 33% of new partners.  It is important to note that, in 2021 as well as this year, the Alliance expanded the number of law firms included in the report, examining all public data from law firms in the AmLaw 200 (versus only AmLaw100 in previous years), as well as Alliance member law firms.  New partner data was collected from 206 law firms this year versus 187 firms in 2021.  For purposes of comparing data and trends to previous years, a Representative Sample was identified in this and last year’s report, including firms in the AmLaw100 as well as member firms.

The Diversity & Flexibility Alliance’s New Partner Report is a yearly compilation of data from the nation’s largest and top-grossing law firms (206 this year) examining the gender breakdown of attorneys promoted to partnership in their U.S. offices.  The data is based upon publicly available firm announcements and other self-reported sources on new partner classes with an effective date of promotion between October 1, 2021 and September 30, 2022.  Eight firms from the AmLaw 200 were not included because either data was not available or they had no partner promotions.

For ten years, the Diversity and Flexibility Alliance has collaborated with organizations to develop non-stigmatized flexible work policies that promote inclusive work cultures and help to advance more women into leadership positions. The Alliance provides practical research-based solutions, training workshops, and strategic advisory services that increase organizational effectiveness through diversity and flexibility.

 

Contact: Manar Morales

manar@dfalliance.com

301-580-2490

 

 

 

2021 New Partner Report Released

Washington, DC  (November 4, 2021) – Yesterday, during the Diversity and Flexibility Alliance’s Annual Conference, sixty-seven law firms were recognized for having 50% or more women in their 2021 U.S.-based new partner classes.  The firms, recognized as “Tipping the Scales,” were identified through the Diversity & Flexibility Alliance’s New Partner Report, a compilation of public data released each year for the past ten years. The Report revealed that 42.4 percent of new partners from a Representative Sample of 122 major U.S. law firms in 2021 were women, which represents an increase from last year’s figure of 40.9 percent.

The “Tipping the Scales” firms recognized for having 50% or more women in their 2021 new partner class included:

1. Adams and Reese

2. Akin Gump Strauss Hauer & Feld*

3. Alston & Bird

4. Arnold & Porter*

5. Baker & McKenzie

6. Baker Botts

7. Barnes & Thornburg

8. Beveridge & Diamond*

9. Brown Rudnick

10. Buchalter

11. Buchanan Ingersoll

12. Burr & Forman

13. Cooley*

14. Crowell & Moring*

15. Davis Wright Tremaine*

16. Duane Morris

17. Fenwick & West

18. Fish & Richardson*

19. Foley Hoag

20. Fragomen

21. Gordon Rees

22. Herrick

23. Hinckley Allen*

24. Hollingsworth*

25. Honigman

26. Husch Blackwell

27. Ice Miller

28. Irell

29. Jackson Lewis

30. Jackson Walker

31. Jenner & Block*

32. Lathrop GPM*

33. Littler Mendelson

34. Locke Lord

35. Loeb & Loeb*

36. Manatt, Phelps & Phillips

37. Miles & Stockbridge

38. Miller & Chevalier*

39. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo

40. Morgan, Lewis & Bockius*

41. Munger, Tolles & Olson

42. Norton Rose Fulbright*

43. Ogletree, Deakins, Nash, Smoak & Stewart*

44. Orrick, Herrington & Sutcliffe

45. Patterson Belknap

46. Perkins Coie*

47. Phelps Dunbar

48. Procopio Cory

49. Pryor Cashman

50. Quarles & Brady*

51. Reed Smith*

52. Robins Kaplan*

53. Schulte Roth & Zabel

54. Shearman & Sterling

55. Sherman & Howard

56. Shutts & Bowen*

57. Spencer Fane

58. Stoel Rives*

59. Stroock & Stroock & Lavan

60.Thompson Coburn

61. Vinson & Elkins

62. Wachtell, Lipton, Rosen & Katz

63. Weil, Gotshal & Manges

64. Wiley Rein*

65. Williams Mullen*

66. Willkie Farr & Gallagher

67. Wilson Sonsini Goodrich & Rosati*

*Diversity & Flexibility Alliance Member Firms

“In a year when record numbers of women have been forced to leave the workforce, gender parity at leadership levels has never been more important,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “We are optimistic about this small increase in women in partnership classes in large U.S. law firms and we encourage all organizations to recommit their efforts to recruiting, retaining and advancing women.”

“As organizations emerge from the pandemic and develop their post-pandemic hybrid working initiatives, it’s critical that they de-gender, de-parent and de-stigmatize flexibility, while also recognizing the critical impact that flexibility has on women in particular,” Morales said.  “We applaud our member firms, who have made systematic changes and taken intentional steps towards increasing gender diversity. These efforts have led to quantifiable results as our member firms promoted a higher share of female new partners (41.5%), compared to the overall share of women in this year’s new partner classes (40.9).”

The Alliance has been compiling this data since 2012, when the data revealed that women only made up 33% of new partners.  It is important to note that this year the Alliance expanded the number of law firms included in the report, examining all public data from law firms in the AmLaw 200 (versus only AmLaw100 in previous years), as well as Alliance member law firms.  New partner data was collected from 187 law firms this year versus 137 firms in 2020.  For purposes of comparing data and trends to previous years, a Representative Sample was identified in this year’s report, including firms in the AmLaw100 as well as member firms. When looking at the whole sample of 187 firms in 2021, 40.9 percent of new partners were women.

When looking at the Representative Sample, it’s interesting to note that the gap between the share of new women partners and the share of women associates and summer associates is decreasing.  This year’s 42.4 percent figure of the share of women in the new partner class when looking at a Representative Sample comes closer to the percentages of women associates (gap of 5.1% this year vs. gap of 5.9% in 2020) and women summer associates (gap of 11.2% this year vs. gap of 11.8% in 2020).  However, note that when looking at the whole sample of 187 firms, the gap has widened from last year (6.6% this year vs. 5.9% in 2020, regarding women associates, and 12.7% this year vs 11.8% in 2020, regarding women summer associates).

The Diversity & Flexibility Alliance’s New Partner Report is a yearly compilation of data from more than 100 (187 this year) of the nation’s largest and top-grossing law firms examining the gender breakdown of attorneys promoted to partnership in their U.S. offices.  The data is based upon publicly available firm announcements and other self-reported sources on new partner classes with an effective date of promotion between October 1, 2020 and September 30, 2021.

The Diversity and Flexibility Alliance is a think tank that collaborates with organizations to develop non-stigmatized flexible work policies that promote inclusive work cultures and help to advance more women into leadership positions. The Alliance provides practical research-based solutions, training workshops, and strategic advisory services that increase organizational effectiveness through diversity and flexibility.

 

Contact: Manar Morales

manar@dfalliance.com

202-957-9650

In an effort to inform and inspire our members and friends, we often share diversity and flexibility Bright Spots – those small or large successes that impact an organization in a positive way. We believe that important diversity and flexibility initiatives can truly impact your organization’s bottom line, recruitment and retention capabilities and employee satisfaction. 

Law Firms that Are “Tipping the Scales” With 50% or More Women in Their 2019 New Partner Class

 

BRIGHT SPOT

At our 2019 Annual Conference, we recognized fifty-one law firms for having 50% or more women in their 2019 U.S.-based new partner class. The firms, recognized as “Tipping the Scales,” were identified through our New Partner Report, a compilation of public data and self-reported sources released each year for the past eight years. The Report revealed that 41.3 percent of new partners in 138 major U.S. law firms in 2019 were women, surpassing last year’s mark by 2.4 percentage points. The Executive Summary is publicly available here.

The “Tipping the Scales” firms recognized for having 50% or more women in their 2019 new partner class included:

1.     Akerman

2.     Alston & Bird

3.     Arent Fox

4.     Arnold & Porter

5.     Ballard Spahr

6.     Boies Schiller Flexner

7.     Bracewell

8.     Cahill Gordon & Reindel

9.     Cravath, Swaine & Moore

10. Crowell & Moring

11. Davis Polk & Wardwell

12. Davis Wright Tremaine

13. Debevoise & Plimpton

14. Dentons

15. Dickinson Wright

16. Drinker Biddle & Reath

17. Duane Morris

18. Epstein Becker & Green

 

19. Eversheds Sutherland

20. Fenwick & West

21. Fragomen, Del Rey, Bernsen & Loewy

22. Gibbons

23. Goodwin Procter

24. Goldberg Kohn

25. Hogan Lovells

26. Jackson Lewis

27. Jones Day

28. K&L Gates

29. Lathrop Gage

30. Lewis Brisbois Bisgaard & Smith

31. Littler Mendelson

32. Manatt, Phelps & Phillips

33. McGuireWoods

34. Miles & Stockbridge

35. Morgan, Lewis & Bockius

 

36. Ogletree, Deakins, Nash, Smoak & Stewart

37. O’Melveny & Myers

38. Parker Poe Adams & Bernstein

39. Perkins Coie

40. Polsinelli

41. Quinn Emanuel Urquhart & Sullivan

42. Schiff Hardin

43. Seyfarth Shaw

44. Shook, Hardy & Bacon

45. Shutts & Bowen

46. Thompson & Knight

47. Van Ness Feldman

48. White & Case

49. Williams & Connolly

50. Wolf Greenfield

51. Womble Bond Dickinson

 

IMPACT

The impact of this Bright Spot can be seen in the industry as a whole – the 2019 New Partner Report found that the percentage of women promoted to partnership in major U.S. law firms has increased by 8.1 percent since 2012. Additionally, this Bright Spot indicates that individual firms are recognizing the importance of gender parity in their leadership and on their teams. We hope the ripple effect of this Bright Spot will be that organizations of all types will continue to recognize the need for a true commitment to an intentional and proactive strategy to retain and advance women.

PHOTO: Representatives from major law firms pose with Manar Morales, President & CEO of the Diversity & Flexibility Alliance, after receiving their “Tipping the Scales” Recognition at the Alliance’s 2019 Annual Conference in Washington, DC on November 7, 2019. Photo Credit: Birch Thomas (photosbybirch.com).

 

 

Please share your Diversity & Flexibility Bright Spots with us by downloading and completing THIS SHORT FORM and emailing it to Jane Caldeira at jane@dfalliance.com

2019 New Partner Report Released

Washington, DC – November 8, 2019 – Yesterday, during the Diversity and Flexibility Alliance’s Annual Conference, fifty-one law firms were recognized for having 50% or more women in their 2019 U.S.-based new partner class. The firms, recognized as “Tipping the Scales,” were identified through the Diversity & Flexibility Alliance’s New Partner Report, a compilation of public data and self-reported sources released each year for the past eight years. The Report revealed that 41.3 percent of new partners in 138 major U.S. law firms in 2019 were women, surpassing last year’s mark by 2.4 percentage points. The Executive Summary is publicly available here.

PHOTO: Representatives from major law firms pose with Manar Morales, President & CEO of the Diversity & Flexibility Alliance, after receiving their “Tipping the Scales” Recognition at the Alliance’s 2019 Annual Conference in Washington, DC on November 7, 2019. Photo Credit: Birch Thomas (photosbybirch.com).

The “Tipping the Scales” firms recognized for having 50% or more women in their 2019 new partner class included:

1.     Akerman

2.     Alston & Bird

3.     Arent Fox

4.     Arnold & Porter

5.     Ballard Spahr

6.     Boies Schiller Flexner

7.     Bracewell

8.     Cahill Gordon & Reindel

9.     Cravath, Swaine & Moore

10. Crowell & Moring

11. Davis Polk & Wardwell

12. Davis Wright Tremaine

13. Debevoise & Plimpton

14. Dentons

15. Dickinson Wright

16. Drinker Biddle & Reath

17. Duane Morris

18. Epstein Becker & Green

 

19. Eversheds Sutherland

20. Fenwick & West

21. Fragomen, Del Rey, Bernsen & Loewy

22. Gibbons

23. Goodwin Procter

24. Goldberg Kohn

25. Hogan Lovells

26. Jackson Lewis

27. Jones Day

28. K&L Gates

29. Lathrop Gage

30. Lewis Brisbois Bisgaard & Smith

31. Littler Mendelson

32. Manatt, Phelps & Phillips

33. McGuireWoods

34. Miles & Stockbridge

35. Morgan, Lewis & Bockius

 

36. Ogletree, Deakins, Nash, Smoak & Stewart

37. O’Melveny & Myers

38. Parker Poe Adams & Bernstein

39. Perkins Coie

40. Polsinelli

41. Quinn Emanuel Urquhart & Sullivan

42. Schiff Hardin

43. Seyfarth Shaw

44. Shook, Hardy & Bacon

45. Shutts & Bowen

46. Thompson & Knight

47. Van Ness Feldman

48. White & Case

49. Williams & Connolly

50. Wolf Greenfield

51. Womble Bond Dickinson

 

The 2019 New Partner Report also found that the percentage of women promoted to partnership in major U.S. law firms has increased by 8.1 percent since 2012. Additionally, a larger share of firms have attained a 50/50 split or greater of women in the new partner class than in previous years. The fifty-one firms with 50% or more women in their 2019 new partner class represented 37% of the firms in the study. This is an increase from the 2018 figure of 31.3% and also represents a significant increase over previous years.

“We are encouraged to see the overall increase in the percentage of women in new partner classes in 2019 and are thrilled to recognize those firms that are “Tipping the Scales,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “Despite this progress, we continue to recognize the need for firms to commit to a more intentional and proactive strategy to retain and advance women.”

The Diversity & Flexibility Alliance’s New Partner Report is a yearly compilation of data from more than 100 (138 this year) of the nation’s largest and top-grossing law firms examining the gender breakdown of attorneys promoted to partnership in their U.S. offices. The data is based upon publicly available firm announcements and other self-reported sources on new partner classes with an effective date of promotion between October 1, 2018 and September 30, 2019.

The Diversity and Flexibility Alliance is a think tank that collaborates with organizations to develop non-stigmatized flexible work policies that promote inclusive work cultures and help to advance more women into leadership positions. The Alliance provides practical research-based solutions, training workshops, and strategic advisory services that increase organizational effectiveness through diversity and flexibility.

 

Contact Manar Morales at 202-957-9650 or manar@dfalliance.com for more information.

Washington, DC – December 19, 2018 – Today, the Diversity & Flexibility Alliance released its seventh-annual New Partner Report, which revealed a slight increase in the percentage of women among new partners in 2018 in the U.S. Offices of the nation’s largest and top-grossing law firms. While the results showed a seven-year high of 38.9 percent, it was a mere 0.8 percent increase from last year. An Executive Summary of the report is available here. The complete report is available to Alliance members in the Member Resource Center.

“These results highlight the fact that while many recruiting classes of law school graduates may have 50% women, the percentages drop off dramatically as women advance to Partnership levels,“ said Manar Morales, President and CEO of the Diversity & Flexibility Alliance. “This underscores the need for firms to commit to a more intentional and proactive strategy to retain and advance women. It is essential that firms pay more attention to the diversity of the pipeline of talent at least three years in advance of the partnership track, as well as implement more programs to support the advancement of women along the way,” she added.

The Alliance specifically suggests that firms and other organizations:

– Identify and track gaps in gender diversity at all levels;

– Carefully consider ways to balance the pipeline of talent, at senior levels in particular;

– Implement policies and programs that support the retention and advancement of women;

– Commit to a more intentional strategy for gender diversity throughout the firm;

– Address any weaknesses in their flexibility and parental leave initiatives.

The Diversity & Flexibility Alliance’s New Partner Report is a yearly compilation of data from more than 100 (134 this year) of the nation’s largest and top-grossing law firms examining the gender breakdown of attorneys promoted to partnership in their U.S. offices. The data is based upon publicly available firm announcements and other self-reported sources on new partner classes with an effective date of promotion between October 1, 2017 and September 30, 2018. While these are the most favorable results in seven years, with an increase of almost six percentage points since 2012, the percentage of women among new partners in the U.S. has remained relatively stable.

Alliance member firms included in this report averaged 40.5 percent women in their new partner classes, outpacing the national average by over 1.5 percentage points. Alliance members have access to the entire New Partner Report, as well as opportunities for individualized strategic planning sessions focused on improving their gender diversity outcomes.

The Diversity and Flexibility Alliance is dedicated to helping organizations create inclusive cultures that support the advancement of women, promote diversity and embrace flexible work. The Alliance provides practical research-based solutions that increase organizational effectiveness and create high performance cultures while through diversity and flexibility.

 

Contact Manar Morales at manar@dfalliance.com for more information on the report or for guidance on how your firm can advance and retain more women.

As we announced in our 2017 New Partner Report, there were 44 firms that promoted 50% or more women in this year’s new partner class. Congratulations to these firms for their commitment to gender parity and for developing a top quality leadership team.

  1. Arnold & Porter Kaye Scholer
  2. Baker Donelson
  3. Covington & Burling
  4. Cravath, Swaine & Moore
  5. Crowell & Moring
  6. Debevoise & Plimpton
  7. Dorsey & Whitney
  8. Drinker Biddle & Reath
  9. Epstein Becker & Green
  10. Eversheds Sutherland
  11. Fitzpatrick, Cella, Harper & Scinto
  12. Foley Hoag
  13. Fragomen, Del Rey, Bernsen & Loewy
  14. Goldberg Kohn
  15. Haynes and Boone
  16. Hughes Hubbard & Reed
  17. Hunton & Williams
  18. Husch Blackwell
  19. Jenner & Block
  20. Kramer Levin Naftalis & Frankel
  21. Kutak Rock
  22. LeClairRyan
  23. Littler Mendelson
  24. Locke Lord
  25. Loeb & Loeb
  26. McDermott Will & Emery
  27. Milbank, Tweed, Hadley & McCloy
  28. Miles & Stockbridge
  29. Miller & Chevalier
  30. Morrison & Foerster
  31. Nixon Peabody
  32. O’Melveny & Myers
  33. Parker Poe Adams & Bernstein
  34. Paul Hastings
  35. Pepper Hamilton
  36. Pillsbury Winthrop Shaw Pittman
  37. Quarles & Brady
  38. Schulte Roth & Zabel
  39. Steptoe & Johnson
  40. Van Ness Feldman
  41. Wachtell, Lipton, Rosen & Katz
  42. Weil, Gotshal & Manges
  43. Williams & Connolly
  44. Willkie Farr & Gallagher

Read more

 

Increased Focus on Recruiting, Training,

Supporting and Advancing Women Is Critical

 

 Washington, DC – November 9, 2017 — The Diversity & Flexibility Alliance announced today that the percentage of women promoted to partnership in 2017 in the U.S. Offices of many of the nation’s largest and top-grossing law firms has reached a six-year high of 38.1 percent. The Alliance’s sixth-annual New Partner Report reveals that this year there was an increase of five percentage points since 2012 and one percentage point since 2016. This year also marks the largest share of firms (33.1%) with new partner classes consisting of at least 50 percent women.

The report emphasizes, however, that this increase is minor and law firms must take steps now to develop more young women attorneys and monitor the pipeline to make sure that women have access to the same training and opportunities to advance their careers as men.

“While we are optimistic that these results show that the industry is moving in the right direction when it comes to gender parity, the increase is too slow and firms must prepare for the future now if they want to remain competitive,” said Manar Morales, President and CEO of the Diversity & Flexibility Alliance. “It’s time that firms evolve with the times, understand the advantages of gender parity at the partner level, and take the steps necessary to retain and promote top female talent,” she added.

The Alliance recommends that law firms focus on:

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